Glendale Real Estate News

Local Headlines

Home inspector Bill Drosehn and his assistant, Mike Cooney, left, check the status of the garage at a home in Pittsfield. This winter's record snows have kept all but the most serious home-buyers at bay.
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Ben Garver The Berkshire Eagle 88 Valentine Road in Pittsfield has a for sale sign on it, buried in snow. Sales of single-family homes in Berkshire County dropped in 2014 after two years of healthy increases.
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Erin Carlotto has joined Greylock Federal Credit Union as a mortgage loan officer. Carlotto will be assuming the role of former mortgage loan officer, Maureen Phillips, who will transition to a role in member education at the Credit Union.
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The founder and broker/owner of Berkshire Dream Home in Dalton was recently honored by the Dalton Police Department and Select Board with the first ever Civilian Civil Service Award, given "for his exemplary work in neighborhood crime watching and his active involvement in helping Dalton police apprehend criminals." Dalton Police Chief Jeffrey Coe cited two situations in which Perenick, a former eastern New England police officer, reported criminal activity and provided information that led to arrests.
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Regional Headlines

The delinquency rate for mortgage loans on residential properties in Massachusetts was 6.81 percent at the end of the fourth quarter of 2014, a decrease of 19 basis points from the third quarter of 2014, according to the Mortgage Bankers Association . The delinquency rate excludes loans in the process of foreclosure.
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The start of three weeks of seemingly nonstop snow put a dent in January home sales in Massachusetts, with lower inventories continuing to push up prices. The Warren Group, publisher of Banker & Tradesman, reported Tuesday that 2,685 single-family homes were sold in the state last month, down 1.9 percent from the 2,736 sales recorded in January 2014.
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Home sales in Massachusetts dropped in January to their lowest levels since February 2014, but one analyst sees pent-up demand leading to a busier spring if inventory levels are sufficient. The Warren Group reported a 2 percent decline in January home sales, compared to January 2014, and said it was the first monthly decline since September.
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He populates the blog of McGeough Lamacchia Realty Inc. , which he owns, with graphs, charts, and data analysis. But Lamacchia gets more response to one number than to any other on the site: 25. "This seems to always be the most popular," Lamacchia said.
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National Headlines

Selling your home can significantly impact your bottom line. Depending on how long you've lived in your home and the nature of your move, your tax liability, as well as what you can deduct, changes.
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The U.S. Department of Justice says JPMorgan Chase will pay $50 million to 25,000 homeowners for failing to properly review payment-change notices sent to homeowners who were in bankruptcy. The Justice Department says JPMorgan Chase acknowledged it filed about 25,000 payment change notices that were sent to homeowners without a proper review.
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Nicholas Germak, regional vice president of Weichert, Realtors, announced that Sales Associate Flo-Ann Rolleri of the Rye office was individually recognized for her for outstanding performance in 2014. A top producer, Rolleri led the region, which is comprised of offices throughout Orange, Westchester and Rockland counties in New York and portions of Connecticut, in new home dollar volume and new home sales.
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